12% of rent payments are late each month. Collecting rent via check requires bank visits. Venmo and Zelle offer no tenant ledger or late fee enforcement. Landlords who use PM software pay $1–$3/unit/mo just for payment processing. Chasing late payments wastes 3–5 hours/month.
Dedicated rent collection platform that gives tenants easy online payment options, automatically enrolls auto-pay, enforces late fees per lease terms, and provides landlords with payment history and accounting integration.
Independent landlords still collecting rent via check or Venmo, small property management companies processing 50–500 monthly payments, and self-managing owners who want professional collections without PM software
Digital payment expectations are universal among tenants. Check payments are declining rapidly. Landlords want late fee automation without full PM software. ACH processing costs have dropped making free landlord tools viable through tenant fees.
Freemium: free for landlords, ACH free for tenants. Revenue from credit card processing (2.9% + $0.30 paid by tenant). Premium: $12/mo (unlimited units + late fees), $29/mo (+ auto-pay + accounting sync). Enterprise: $49/mo + volume discounts.
Free P2P payments. No tenant ledger, no late fees, no accounting, not designed for rent
Full PM suites with payment processing. $55–$280+/mo, overkill for rent collection only
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